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Stone Foundation is a private corporation based in WILKESBORO, NC. The foundation received its IRS ruling in 2012. It holds total assets of $1.9M. Annual income is reported at $575K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Stone Foundation has made 74 grants totaling $744K, with a median grant of $2K. Annual giving has decreased from $349K in 2020 to $138K in 2023. Individual grants have ranged from $200 to $288K, with an average award of $10K. The foundation has supported 37 unique organizations. Grants have been distributed to organizations in North Carolina and Tennessee and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$1K
Average Grant
$18K
Largest Grant
$288K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Stone Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in NC, TN, PA.
Stone Foundation has distributed a total of $744K across 74 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $200 to $288K.
Stone Foundation typically selects its grantees rather than accepting unsolicited proposals.
Stone Foundation is headquartered in WILKESBORO, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry D Stone | PRESIDENT | $0 | $0 | N/A |
| Diane A Stone | SECRETARY | $0 | $0 | N/A |
| Larry D Stone Jr | DIRECTOR | $0 | $0 | N/A |
| Chris D Stone | DIRECTOR | $0 | $0 | N/A |
Total Giving
$160K
Total Assets
$1.9M
Fair Market Value
$2.1M
Net Worth
$1.9M
Grants Paid
$138K
Contributions
$140K
Net Investment Income
$37K
Distribution Amount
$96K
Total: $1.3M
Total Grants
74
Total Giving
$744K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
37
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wilkes County SchoolsUNRESTRICTED | North Wilkesboro, NC | $114K | 2023 |
| Wilkes Family YmcaUNRESTRICTED | Wilkesboro, NC | $5K | 2023 |
| Samaritans PurseUNRESTRICTED | Boone, NC | $5K | 2023 |
| Wilkes Community Partnership For ChildrenUNRESTRICTED | Wilkesboro, NC | $5K | 2023 |
| Major Mike Shipley Spayneuter ClinicUNRESTRICTED | Cookeville, TN | $5K | 2023 |
| Ashe County Sharing Center Food PantriesUNRESTRICTED | Jefferson, NC | $3K | 2023 |
| Wilkes County Hall Of FameUNRESTRICTED | North Wilkesboro, NC | $600 | 2023 |
| Wilkes Education FoundationUNRESTRICTED | North Wilkesboro, NC | $500 | 2023 |
| Wilkes Circles Of CareUNRESTRICTED | Wilkesboro, NC | $500 | 2023 |
| United Way Of Wilkes CountyUNRESTRICTED | North Wilkesboro, NC | $300 | 2023 |
| Ashe County SchoolsUNRESTRICTED | Jefferson, NC | $25K | 2022 |
| Veterans Honor GuardUNRESTRICTED | Cookeville, TN | $5K | 2022 |
| Brushy Mountain Baptist AssociationUNRESTRICTED | North Wilkesboro, NC | $3K | 2022 |
| Catherine H Barber Memorial ShelterUNRESTRICTED | North Wilkesboro, NC | $3K | 2022 |
| Jeremy Elliott Scholarship FoundationUNRESTRICTED | Jefferson, NC | $2K | 2022 |
| Wilkes Community College Foundation IncUNRESTRICTED | Wilkesboro, NC | $2K | 2022 |
| Samaritan Kitchen Of Wilkes IncUNRESTRICTED | Wilkesboro, NC | $1K | 2022 |
| Wilkes Prison MinistryUNRESTRICTED | North Wilkesboro, NC | $500 | 2022 |
| Young Men'S Christian Association Of Northwest North CarolinaUNRESTRICTED | Wilkesboro, NC | $5K | 2021 |
| Wilkes Dental ConsortiumUNRESTRICTED | North Wilkesboro, NC | $1K | 2021 |
| Dicks Sporting Goods Teammate Relief FundUNRESTRICTED | Coraopolis, PA | $1K | 2021 |
| Robert Duncan MinistriesUNRESTRICTED | Wilkesboro, NC | $1K | 2021 |